Post Tagged with: "FERS"

May 3, 2012 04:46

Military Winning War Over Pensions – Trillions in undisclosed debt

If this number were resolved according to the MRF deal, the Treasury would need to issue $700B more warrants annually for the next fourteen years (not remotely possible). Total debt would race ahead faster then its current nosebleed trajectory. The USA would pass 150% Debt to GDP before 2020.